Jack Townsend offers this blog on Federal Tax Crimes principally for tax professionals and tax students. It is not directed to lay readers -- such as persons who are potentially subject to civil and criminal tax or related consequences. LAY READERS SHOULD READ THE PAGE IN THE RIGHT HAND COLUMN TITLED LAY READER LIMITATIONS. Thank you.

The charge is by information which suggests that there is a plea deal afoot. The charge is to one count of tax perjury for the year 2008. The bank is UBS. I know of little else when this blog is first posted, will add key points to this blog as I learn them.
Entries of appearance filed so far:

4 comments:

Jack,This is off topic for this thread but I feel compelled to write it and hope you will post it. I just want to compliment you on your blog. It is undoubtedly the best blog on the world wide web on this subject matter. So much of that is due to the time,effort and thought you put into moderating and driving the subject matter. While I do not know you, I would bet my last dollar that you are a true gentleman and a scholar. Thanks for taking the time to do what you do.

DOJ announced yet another UBS client plea agreement made yesterday. This one had a restitution agreement of over 700k and a 50% FBAR penalty. I imagine there will be a steady trickle of these announcements to stimulate participation in OVDI.

Please make sure that your comment is relevant to the blog entry. For those regular commenters on the blog who otherwise do not want to identify by name, readers would find it helpful if you would choose a unique anonymous indentifier other than just Anonymous. This will help readers identify other comments from a trusted source, so to speak.